Highlights Lowering private reserves mandate by 13.5 mil barrels by Oct. 8 Extends earlier 7.5 mil barrels release by six months Japan will start on April 16 releasing 6 million Continue Reading
Small protests have broken out in Shanghai as residents grow increasingly frustrated with Covid-19 lockdown restrictions, just as Beijing looks to widen national support for its commitment to eliminating the Continue Reading
U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity, according to industry experts. Calls for Continue Reading
AP Moller-Maersk A/S, one of the biggest shipping lines in the world, has stopped bookings to ship refrigerated containers into Shanghai as a strict Covid lockdown stalls the trucking of Continue Reading
China is set to install a record amount of wind and solar power capacity this year as the country strives to meet climate goals while reducing its reliance on the Continue Reading
Tesla Inc. has hit a real production snag in China. The electric carmaker’s Shanghai plant, its first outside the U.S., has had output suspended for almost three weeks due to Continue Reading
Bank of Japan Governor Haruhiko Kuroda faces another awkward communications challenge later this month when the central bank is poised to predict the strongest annual inflation since 1992 outside tax Continue Reading
Wind turbines in the U.S. produced more electricity than coal or nuclear plants on March 29 for the first time on record, the U.S. Energy Information Administration said Thursday. That Continue Reading
Wind turbines at the San Gorgonio Pass wind farm in Whitewater, California. California, which aims to have a carbon-free power grid within 25 years, got a short glimpse of that Continue Reading
Regulators approved a $4.5 billion transmission line that will deliver Canadian hydropower to New York City, a key component of the Empire State’s efforts to eliminate carbon from its power Continue Reading
